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Search Results 0 to 13 of about 14 (some duplicates have been removed)
delayed the inauguration of cancer-stricken president hugo chavez. >> this is essentially a power play. behind that secrecy there is nothing but an attempt to ensure the continuity of the regime regardless of president chavez's presence. >> woodruff: and with five oscar nominations, we examine the controversy surrounding one of the most talked about new films yet to see a nationwide release; "zero dark thirty," about the hunt for osama bin laden. >> brown: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: as unemployment, growth and budget concerns continue, the man who will
: we turn now to venezuela, where president hugo chavez was supposed to be inaugurated for a new term today but was instead out of the country. ray suarez has more on the reason for and controversy surrounding his absence and the future of his political movement. >> reporter: thousands of supporters descended on the presidential palace in the venezuelan capital, caracas, today, chanting and waving flags in a show of support for their ailing, absent president. venezuela is a country of 29 million people, an oil exporter subsidizing energy-hungry poor countries, like cuba and haiti. and it sends 800,000 barrels of oil a day to the u.s.-- its number one customer. president hugo chavez has led the nation for 14 years. his third term expires today. he won re-election in october and was supposed to be sworn in again today for another six years, as the constitution requires. but chavez suffers from aggressive, reoccurring cancer, hasn't been seen in public in a month and was too sick to return to venezuela from medical treatment in cuba. >> the illness of the president has been treated like
hugo chavez's inauguration is legal. they decided he doesn't need to be sworn in to start a new testimony and cat can not be declared absent. the supreme court said his minister should continue uninterrupted and inauguration will be held at a later date. they postponed today's inauguration of hugo chavez allowing him to recover from cancer surgery in cuba. the constitution states the new president must take office by january 10th. they will allow chavez to recover before taking office. lori: who is running the government? melissa: fox business contributor phil flynn of price futures group is in the pits of the cme. phil, the real news is the inventory report. i see goose lien moving lower after a bearish report that showed gasoline supplies swelled. >> i think bearish was an understatement. it was a flood of gasoline. we saw gasoline supplies surge by 7.4 million barrels. holy smokes! that is three or four weeks worth of gasoline all at one time. that put inventories at a 22-month high. that came as demand for oil products overall fell to a 11-month low. we're seeing pressure on
presidential inauguration. we'll talk about what could be a power vacuum in venezuela if hugo chavez remains too sick to leave. wrap. ive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. >>> after just talking to you about vice president joe biden talking to the media about guns, we've learned this. there's been a school shooting at taft high school in -- that's in taft, california. and this is according to our affiliate kero. the shooting happened this morning around 9:00 a.m. local time we're told. according to reports, at least two people were shot. the shooter is in custody, and parents are picking up their kids at the school's football field. just repeating, taft high school in taft, california, a shag around 9:00 a.m. -- a shooting around 9:00 a.m. loca
president hugo chavez is reportedly battling a severe lung infection and that's respiratory failure as well following cancer treatments and they gave us an update on his condition yesterday. >>> some people are already stocking up on souvenir. an official look was launched thursday afternoon. our future, our people, jessica? >>> do you have a new year's resolution? have you broken it yet? some say resolutions fail because we are not specific enough. laura is back with some ways to stay motivated and so often it is hard it break bad habits, what do we do laura? >> well, there are little tricks you can do. it is a mental exercise and you have to have the mental strength to overcome, not necessarily your bad habits but to shift the habitan one thing is you can write down what it is you want to achieve and set realist particular goals. you want to set yourself up for success. >> do you do it on your phone? do you have a piece of paper you write things down on? it doesn't make a difference. >> well, you can communicate it to a friend and have people around you that will how sport you to reach yo
on everybody else's insurance cost. shep? >> shepard: steve brown in chicago tonight. hugo chavez is too sick to attend his swearing in thursday for a third term as venezuela's president. that's the word from the country are's government. venezuela's vice president says chavez is invoking a constitutional provision that allows claying the ceremony past the official date of january 10th. the opposition party is challenging that. the venezuelan leader has been in a cuban hospital as far as we know since having cancer surgery last month. officials have said chavez has a lung infection and they are down playing reports that he is on life support. chavez has has long had a tense relationship with the u.s. once famously calling president george h.w. bush diablo. the wildfire threat is now at catastrophic. the highest possible level in southeastern australia as crews there battle more than 100 fires. high winds and heat fueled flames on the mainland and island of tasmania, around 100 people still reportedly missing after brush fires destroy their homes last week. evacuated national parks. no word of
, venezuelan president hugo chavez is supposed to be inaugurated tomorrow but he's still sick in cuba. what now? the first video of google executive chairman eric schmidt in a north korean computer lab. michelle, good morning to you. >> that was my typo, computer lab there, carl. let's start with venezuela, where we are waiting any moment now for the venezuelan supreme court to decide whether or not it is constitutional to delay the inauguration tomorrow of hugo chavez. that is what he has supposedly asked for. that's what the parliament there agreed to do. i say supposedly, because we haven't seen him in nearly a month. there's been no proof of life. he is in cuba receiving cancer treatment at this point. could bring on a constitutional crisis in venezuela, because the constitution there says you're supposed to have an election within 30 days. if the winner cannot actually be inaugurated. we'll see what happens there. we'll show you what's going on with venezuelan bonds. they're widely held with a lot of fixed-income portfolios. look at that, nearly 9%. when hugo chavez first got sick, venezue
'm thinking hugo chavez, who's going to be running the country, he's not well, why do you like this? >> first, venezuela's own fundamentals, you know, it's a socialist country. they waste a lot of money, but they have cheap oil, and they have a lot of it. so their ability and willingnesses to pay -- ashley: always there. >> yeah, it's always there, and spreads are generous. ashley: so you're not concerned about unrest, you know, political issues and unrest in general? >> well, you know, we're definitely watch events as they occur, but there is a chance that if there's a regime change, it could be good for the country, and that would really help our bonds. ashley: corporate asset classes, what are we talking about? >> we love em corporate asset class this year. they lagged a little bit the sovereigns last year, i think they're really going to do well. we like a little bit of, i mean, investment grade and high-yield both, we love russian corporates across the board. they offer generous spreads compared to their counterparts -- ashley: interesting, yeah. >> turkish banks. ashley: turkishbacks. >
's hugo chavez's inauguration. this as the opposition party steps up calls for the careta r caretaker. at the same time, bonds have rallied on speculation that a government transition could soon be under way. joining us with his thoughts, neal sherring. good to see you. >> good morning. >> what is going to happen in venezuela? >> i think it's very difficult to say with any precision as to what is going to happen next. i think what we can say is the expectations that we're going to get somehow a smooth transition for the current socialist@administration to a more market friendly administration, i think they're going to be disappointed. wa we've seen in the world over the past few years, is these transitions, when they do happen, are rarely smooth. there's always bumps along the way. i think actually if you look at the rally we've had in bond yields, as the bond markets -- >> down to five-year lows. >> down to five-year lows, but they start to sell off over the past couple of days. and i think that reflected a growing sense of the market that things aren't going to be quite as smooth. >
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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